Author(s)

Zhenglong Guo ¹

Affiliation(s)

¹ Small to Medium Size Enterprise Economic Development Association, Project Department, Tianjin City, China

Corresponding Author

Zhenglong Guo

ABSTRACT

2023 is the year generative AI is introduced to the mainstream, with users directly trying out generative AI apps like ChatGPT. And, 2024 will be the year that businesses and industries adopt generative AI. 2024 will see businesses see their profits and revenues positively impacted by generative AI, with more organizations moving to an AI-first mindset. This trend will be driven by a more realistic and informed approach to use case identification, stability and security of generative models, and a shift to smaller, more specialized open-source models running in integrations that can be hosted by organizations in their own cloud environments. The purpose of this article is to provide an overview of the current status and future outlook of AI applications in business.

KEYWORDS

Artificial Intelligence; Business; Overview and outlook

CITE THIS PAPER

Zhenglong Guo, Artificial Intelligence Enabling Business: An Analysis of Current Status and Future Prospects of Applications from China's Perspective to the Global Context. Information Systems and Economics (2024) Vol. 5: 33-38. DOI: http://dx.doi.org/10.23977/infse.2024.050405.

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